Commercial real estate is high among bankers’ debt concerns
(authored by RSM US LLP) Lenders continue to digest the long-term implications of recent failures as the fallout focus shifts to potential trouble spots.
FAQ: Capitalization and amortization of R&D costs under new section 174 rules
(authored by RSM US LLP) See how the new required tax treatment of R&D costs under section 174 affects federal, state, and international taxes, as well as software development.
Tax-advantaged health reimbursement arrangements for employees
(authored by RSM US LLP) Health reimbursement arrangements (HRAs) allow employers to pay employees’ medical expenses on a tax-free basis.
Health savings account benefits for employees and employers
(authored by RSM US LLP) Employee interest in health savings accounts (HSAs) has increased so employers should understand the benefits of offering them to employees.
IRS releases spending plan for $80 billion IRA funds
(authored by RSM US LLP) The IRS issued an ambitious strategic operating plan for spending $80 billion in additional funding provided by the Inflation Reduction Act.
Requirements for Form 1099-NEC Filers
The Louisiana Department of Revenue (LDR) issued information for all business that are required to file with the IRS, for the tax year 2022, Forms
Basic Cyber Hygiene
Cybersecurity has been a chief concern among small business owners for some time, but protecting data from bad actors has become even more important since
What’s In the 2022 Inflation Reduction Act?
On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022. This bill, which was initially written as a successor to
90-Day Pre-Exam Compliance Program for Retirement Plans
In June, the IRS began piloting a new compliance program for benefit plan sponsors. This program gives benefit plans 90-days’ notice of an upcoming examination,
Accounting for Leases in 2022
In early 2016, the Financial Accounting Standards Board (FASB) released new guidance on how businesses should account for leases. That new standard went into effect
A Cash Flow Analysis Can Save Your Business
Financial experts claim that 82 – 90% of small business failures are caused by poor cash flow. Many profitable companies find that they are insolvent
The Many Benefits of Outsourcing the CFO Function
As a small to medium-size business owner, you wear many hats and may be responsible for everything from new product development, to operations, human resources,